Forbes: The State Of Security Tokens

Christian Kameir of Sustany Capital writes today for the Forbes: “While some authors definesecurity tokens as “any blockchain-based representation of value that is subject to regulation under security laws,” they fail to address the nuances between blockchain-secured transaction systems and blockchain-based standards that create new transfer protocols. The later implementations provide a revolutionary advancement over previous marketplaces, enabling a peer-to-peer exchange of the underlying asset. The former is an incremental improvement over existing securities exchanges and — since all new entrants are startups — carry the risks associated of untested systems and companies“.